Wartsila Corp (OTCPK:WRTBY)
$ 4.3 0.0956 (2.27%) Market Cap: 12.67 Bil Enterprise Value: 12.23 Bil PE Ratio: 26.71 PB Ratio: 4.94 GF Score: 74/100

Q2 2022 Wartsila Oyj Abp Earnings Call Transcript

Jul 21, 2022 / 07:00AM GMT
Release Date Price: $1.64 (+4.46%)
Hanna;Maria Heikkinen;rtsilÃ;Oyj Abp;VP of IR

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Good morning, everybody, and welcome to this news conference for Wärtsilä Half Year Report 2022. My name is Hanna-Maria Heikkinen, I'm in charge of Investor Relations. Today, our CEO, Hakan Agnevall, will start with the group highlights, followed by the business area development and then our CFO, Arjen Berends, will continue with the key financials. After the presentation, there is a possibility to ask questions.

Time to start. Please, Hakan.

Hakan Agnevall;rtsilÃ;Oyj Abp;President
WÃ;CEO & Member of Management Board

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Thank you, Hanna-Maria, and thank you, everybody, for joining us. Let's jump into the second quarter for Wärtsilä. Some really good news on the service order intake side. Service order increased by 36% throughout the business. Also on the overall order intake, we had a positive development. Order intake increased by 25%. So strong order intake in still

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